Aavas Financiers Mumbai Senior Manager Salaries by 4 Employees

11 - 18 years exp.

₹7.2 Lakhs - ₹15 Lakhs

Salary of majority employees

49% less than the average Senior Manager Salary in NBFC Companies for 11 - 18 years of experience

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Last Updated: 3 Aug 2023

Companies similar to Aavas Financiers for Senior Manager in Mumbai

Aavas Financiers Senior Manager Salary

11 - 18 years exp. (4 salaries)

₹7.2 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
L&T Finance Senior Manager Salary 2 - 13 years exp. (230 salaries)	₹8 L/yr - ₹26 L/yr 66% more
Mahindra Finance Senior Manager Salary 4 - 13 years exp. (54 salaries)	₹7 L/yr - ₹29.6 L/yr 54% more
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IIFL Finance Senior Manager Salary 2 - 13 years exp. (33 salaries)	₹6 L/yr - ₹19.2 L/yr At par
Sammaan Capital Limited Senior Manager Salary 5 - 17 years exp. (24 salaries)	₹6.6 L/yr - ₹16 L/yr 7% more
Kotak Mahindra Prime Senior Manager Salary 3 - 14 years exp. (22 salaries)	₹9.3 L/yr - ₹14.8 L/yr 24% more
Capri Global Capital Senior Manager Salary 3 - 15 years exp. (22 salaries)	₹10.3 L/yr - ₹30 L/yr 75% more
Poonawalla Fincorp Senior Manager Salary 5 - 19 years exp. (19 salaries)	₹10 L/yr - ₹23.1 L/yr 56% more
Tata Capital Housing Finance Senior Manager Salary 9 - 19 years exp. (18 salaries)	₹12 L/yr - ₹25 L/yr 65% more
Mahindra Rural Housing Finance Senior Manager Salary 4 - 15 years exp. (17 salaries)	₹9.2 L/yr - ₹24 L/yr 45% more
Ugro Capital Senior Manager Salary 1 - 16 years exp. (11 salaries)	₹7.2 L/yr - ₹17.9 L/yr 52% more
PNB Housing Finance Senior Manager Salary 6 - 16 years exp. (9 salaries)	₹9.5 L/yr - ₹20.3 L/yr 26% more
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Indostar Capital Finance Senior Manager Salary 4 - 11 years exp. (7 salaries)	₹14 L/yr - ₹18 L/yr 36% more
LendingKart Senior Manager Salary 5 - 9 years exp. (5 salaries)	₹12.1 L/yr - ₹41 L/yr 111% more
Shriram Finance Senior Manager Salary 4 - 14 years exp. (5 salaries)	₹4.9 L/yr - ₹16 L/yr 14% less	2 job openings
Manappuram Finance Senior Manager Salary 8 - 11 years exp. (4 salaries)	₹4.5 L/yr - ₹11 L/yr 37% less
TVS Credit Senior Manager Salary 4 - 6 years exp. (3 salaries)	₹12.7 L/yr - ₹17 L/yr 51% more	1 job opening

Senior Manager salary at Aavas Financiers ranges between ₹7.2 Lakhs to ₹15 Lakhs per year for employees with experience between 11 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Aavas Financiers .

Experience wise Aavas Financiers Senior Manager salaries in Mumbai

Last Updated: 3 Aug 2023

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹19.5 L/yr
12 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹19.7 L/yr
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13 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.7 L/yr
14 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr
15+ years (AmbitionBox Estimate)	₹4.6 L/yr - ₹15 L/yr

Similar Designation salaries in Aavas Financiers

Business Manager Salary

(9 salaries)

₹3.38 L/yr - ₹7 L/yr

Sales Manager Salary

(4 salaries)

₹3.2 L/yr - ₹4.3 L/yr

Top skills at Aavas Financiers for Senior Manager

Business operations Home Loans Excel RTGS NEFT

Salary related reviews for Aavas Financiers

Relationship Manager in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 13 Aug 2024

3.0

for Salary and Benefits

Likes

Location near to my home - good understanding with credit team . No salary deduction at time of covid n even get good incentive for sales of hl and lap

Dislikes

Not work Life balanced , even we have to work at every Sunday .

Work-life balance - Bad

Relationship Manager in Bhopal

Other Department

5.0

• posted on 13 May 2022

3.0

for Salary and Benefits

Likes

...re is a huge cafeteria and gaming arcade for chiling. Company policies are good. Appraisals are fair and they give good salary hike and bonus every year.

Skill development - Good

+3 more

Dislikes

There is a lot politics and the management doesnt address our issues salary is decent but career growth is slow there is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees

Business Manager in Vadodara

Affluent- Sales Department

3.0

• posted on 06 May 2022

3.0

for Salary and Benefits

Likes

Incentive structure and product is good.

Dislikes

Upper Management not supported Ground level staff. My salary cut down in Apr 21 due to COVID then management said it should be provide nine part of this 25% amount as month on month start to the next month but not received any time.

Skill development - Bad

+4 more

Business Manager in Jaipur

Sales & Business Development Department

4.0

• posted on 06 May 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+5 more

Senior Relationship Officer in Tiptur

Full Time

Sales & Business Development Department

4.0

• posted on 16 Oct 2024

3.0

for Salary and Benefits

Likes

It's been a pleasure to work in a reputed company like aavas, I was very much enjoyed my working period. The work frame and culture is appreciated . I would like to thank the organisation for giving my such a wonderful opertunity to be a part. Thank u

Job security - Good

+1 more

Dislikes

Earlier Incentives was too good, now incentives are restructured and paying less . Earlier salary package was also offered less.

see more salary related reviews

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Aavas Financiers Senior Manager Salary FAQs

What is the salary of Senior Manager at Aavas Financiers in Mumbai?

The average salary of a Senior Manager at Aavas Financiers in Mumbai typically ranges from ₹7.2 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 11 years to 18 years).

The top 10% of Senior Manager in Mumbai at Aavas Financiers earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Senior Manager Salaries at Aavas Financiers can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Aavas Financiers employees in India.

What is the estimated take home salary of a Senior Manager at Aavas Financiers in Mumbai?

The estimated take-home salary of a Senior Manager at Aavas Financiers in Mumbai typically ranges from ₹78,104 to ₹80,133 per month. This is based on the average salary range of ₹7.2 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 11 years to 18 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Aavas Financiers . Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Senior Manager at Aavas Financiers in Mumbai?

To be a Senior Manager at Aavas Financiers in Mumbai, the key skills required include:

- Business operations
- Home Loans
- Excel
- RTGS
- NEFT

These skills are highly valued at Aavas Financiers and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Aavas Financiers for Senior Manager in India?

LendingKart	₹12.1 Lakhs to ₹41.0 Lakhs per year
Capri Global Capital	₹10.3 Lakhs to ₹30.0 Lakhs per year
L&T Finance	₹8.0 Lakhs to ₹26.0 Lakhs per year
Tata Capital Housing Finance	₹12.0 Lakhs to ₹25.0 Lakhs per year
Poonawalla Fincorp	₹10.0 Lakhs to ₹23.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Aavas Financiers , depending on the role and experience level.

What is the salary of a Senior Manager in companies similar to Aavas Financiers in Mumbai?

The salary of a Senior Manager at companies similar to Aavas Financiers in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mahindra Finance	₹7.0 Lakhs to ₹29.6 Lakhs per year
Ugro Capital	₹7.2 Lakhs to ₹17.9 Lakhs per year
TVS Credit	₹12.7 Lakhs to ₹17.0 Lakhs per year
Mahindra Rural Housing Finance	₹9.2 Lakhs to ₹24.0 Lakhs per year
Indostar Capital Finance	₹14.0 Lakhs to ₹18.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Senior Manager at Aavas Financiers in Mumbai?

The salary growth for a Senior Manager at Aavas Financiers in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Manager in Mumbai can expect the following growth trajectory at Aavas Financiers :

Experience	Average Salary Range
11 years	₹7.2 Lakhs to ₹19.5 Lakhs per year
12 years	₹7.2 Lakhs to ₹19.7 Lakhs per year
13 years	₹10.0 Lakhs to ₹12.7 Lakhs per year
14 years	₹10.0 Lakhs to ₹12.8 Lakhs per year

and so on.

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Aavas Financiers Senior Manager Salaries in Mumbai

Aavas Financiers Senior Manager salary in Mumbai ranges between ₹7.2 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Aavas Financiers latest salaries received from various employees of Aavas Financiers .